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WHEELER v. GREENE

No. 39.

280 U.S. 49 (1929)

50 S.Ct. 21

74 L.Ed. 160

WHEELER v. GREENE, RECEIVER OF THE BANKERS JOINT STOCK LAND BANK OF MILWAUKEE.

Supreme Court of United States.

Decided November 4, 1929.

Attorney(s) appearing for the Case

Messrs. Floyd E. Thompson and Joseph V. Quarles, with whom Messrs. Conrad H. Poppenhusen, Lawrence A. Cole, and Henry J. Darby were on the brief, for petitioner.

Mr. Edwin S. Mack, with whom Messrs. Arthur W. Fairchild and J. Gilbert Hardgrove were on the brief, for respondent.

Mr. Dean G. Acheson, on behalf of Messrs. Lyman M. Bass and Porter R. Chandler, filed the brief of the Stockholders' Protective Committee of the Kansas City Joint Stock Land Bank, as amicus curiae, by special leave of Court.

MR. JUSTICE HOLMES delivered the opinion of the Court.

The plaintiff is the receiver of the Bankers Joint Stock Land Bank of Milwaukee appointed by the Federal Farm Loan Board. The defendant is a holder of stock of that Bank. This suit is brought to collect an assessment equal in amount to the par value of the defendant's stock, which was levied by the Federal Farm Loan Board and which the plaintiff was ordered to collect. The defendant demurred to the declaration...

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